Cullen/Frost Bankers (CFR) Stock Forecast, Price & News

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cullen/Frost Bankers in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CFR shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CFR, but not buy additional shares or sell existing shares.
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12 brokerages have issued twelve-month price objectives for Cullen/Frost Bankers' stock. Their CFR share price forecasts range from $107.00 to $160.00. On average, they anticipate the company's stock price to reach $134.42 in the next year. This suggests a possible upside of 21.8% from the stock's current price.
View analysts price targets for CFR or view top-rated stocks among Wall Street analysts.

Cullen/Frost Bankers' stock was trading at $133.70 at the start of the year. Since then, CFR shares have decreased by 17.5% and is now trading at $110.36.
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Cullen/Frost Bankers saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,380,000 shares, an increase of 12.8% from the April 30th total of 2,110,000 shares. Based on an average trading volume of 732,900 shares, the days-to-cover ratio is presently 3.2 days. Approximately 4.0% of the shares of the company are sold short.
View Cullen/Frost Bankers' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our CFR earnings forecast.

Cullen/Frost Bankers, Inc. (NYSE:CFR) posted its quarterly earnings data on Thursday, April, 27th. The bank reported $2.70 earnings per share for the quarter, beating analysts' consensus estimates of $2.55 by $0.15. The bank earned $505.09 million during the quarter, compared to analyst estimates of $503.93 million. Cullen/Frost Bankers had a trailing twelve-month return on equity of 21.59% and a net margin of 30.40%. Cullen/Frost Bankers's quarterly revenue was up 44.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.51 EPS.

Cullen/Frost Bankers announced a quarterly dividend on Thursday, April 27th. Shareholders of record on Wednesday, May 31st will be given a dividend of $0.87 per share on Thursday, June 15th. This represents a $3.48 annualized dividend and a dividend yield of 3.15%. The ex-dividend date is Tuesday, May 30th.
Read our dividend analysis for CFR.

ETFs with the largest weight of Cullen/Frost Bankers (NYSE:CFR) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), SPDR S&P Regional Banking ETF (KRE), iShares U.S. Regional Banks ETF (IAT), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), SPDR S&P Bank ETF (KBE), Direxion Daily Regional Banks Bull 3x Shares (DPST), Invesco S&P MidCap Low Volatility ETF (XMLV) and Fidelity Small-Mid Cap Opportunities ETF (FSMO).

Cullen/Frost Bankers (NYSE:CFR) pays an annual dividend of $3.48 per share and currently has a dividend yield of 3.15%. The company has been increasing its dividend for 29 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CFR will have a dividend payout ratio of 37.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CFR.

143 employees have rated Cullen/Frost Bankers Chief Executive Officer Phillip Green on Glassdoor.com. Phillip Green has an approval rating of 99% among the company's employees. This puts Phillip Green in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cullen/Frost Bankers investors own include Verizon Communications (VZ), Johnson & Johnson (JNJ), Exxon Mobil (XOM), Cisco Systems (CSCO), Chevron (CVX), International Business Machines (IBM), Coca-Cola (KO), AT&T (T), AbbVie (ABBV) and Intel (INTC).

Cullen/Frost Bankers trades on the New York Stock Exchange (NYSE) under the ticker symbol "CFR."

Cullen/Frost Bankers' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Aristotle Capital Management LLC (10.58%), BlackRock Inc. (9.03%), State Street Corp (6.96%), King Luther Capital Management Corp (3.30%), FMR LLC (2.22%) and JPMorgan Chase & Co. (1.60%). Insiders that own company stock include Bobby Berman, Candace K Wolfshohl, Carlos Alvarez, Carol Jean Severyn, Chris Avery, Howard Willome John, Jerry Salinas, Jimmy Stead, Patrick B Frost, Paul Bracher, Phillip D Green and William L Perotti.
View institutional ownership trends.

Shares of CFR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CFR stock can currently be purchased for approximately $110.36.

Cullen/Frost Bankers (NYSE:CFR) has a market capitalization of $7.11 billion and generates $1.88 billion in revenue each year. The bank earns $579.15 million in net income (profit) each year or $10.01 on an earnings per share basis.

The company employs 4,985 workers across the globe.

Cullen/Frost Bankers' mailing address is 111 W HOUSTON ST, SAN ANTONIO TX, 78205. The official website for the company is www.frostbank.com. The bank can be reached via phone at (210) 220-4011, via email at gparker@frostbank.com, or via fax at 210-220-4325.